Trade log October 2019: Lithium

Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back.

Fastmarkets prices
Click here for Fastmarkets price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw China, yuan/tonne.

Fastmarkets lithium trade logs are available on a weekly basis every Friday after the weekly spot market assessments conducted every Thursday at 4pm.

As per our methodology, Fastmarkets takes into account minimum lot sizes of 5 tonnes to capture the price in the Chinese domestic spot market.

In addition to its weekly assessment, Fastmarkets also publishes a lithium index – a tonnage weighted average where the greatest weighting is given to concluded transactions.

The exchange rate on Monday October 7 was 56,000 yuan to $7,834.

Thursday October 10 - 56,000-61,000 yuan per tonne
Offer reported at 60,000-61,000 yuan
Offer reported at 61,000 yuan
Purchase of 5 tonnes at 57,000 yuan
Price indicated at 60,000 yuan
Price indicated at 56,000-58,000 yuan
Price indicated at 56,000-61,000 yuan
Price indicated at 54,000-58000 yuan
Price indicated at 56,000-60000 yuan
Price indicated at 56,000-60,000 yuan
Price indicated at 56,000-60000 yuan
Price indicated at 58,000-60000 yuan

Learn more about Fastmarkets' lithium pricing methodology here and see the lithium price spotlight here

Carrie Shi

Carrie.shi@fastmarkets.com

Published

Carrie Shi

October 10, 2019

12:18 GMT

Beijing